Editor's note: Bobby Coats is a professor, University of Arkansas Division of Agriculture
Farm Outlook - Publication
Video Added: Representative Farms Economic Outlook for the December 2014 FAPRI/AFPC Baseline
James W. Richardson, Regents Professor and AgriLife Research Senior Faculty Fellow, Co-Director Agricultural and Food Policy Center, Department of Agricultural Economics, Texas A&M University, discusses the Representative Farms Economic Outlook for the December 2014 FAPRI/AFPC Baseline.
The Agricultural and Food Policy Center (AFPC) at Texas A&M University develops and maintains data to simulate 91 representative crop, dairy, and livestock operations in major production areas in 28 states. The chief purpose of the analysis is to project the economic viability of those farms by region and commodity for 2014 through 2018. The data necessary to simulate the economic activity of these operations is developed through ongoing cooperation with panels of agricultural producers in selected states. The Food and Agricultural Policy Research Institute (FAPRI) provided projected prices, policy variables, and input inflation rates in their December 2014 Baseline.
Under the December 2014 Baseline, 31 of the 63 crop farms are considered in good liquidity condition (less than a 25 percent chance of negative ending cash by 2018). Six crop farms have between a 25 percent and a 50 percent likelihood of negative ending cash, and the remaining 26 crop farms have greater than a 50 percent chance of negative ending cash. Additionally, 42 of the 63 crop farms are considered in good equity position (less than a 25 percent chance of decreasing real net worth during the study period). Six crop farms have between a 25 percent and 50 percent likelihood of losing real net worth, and 15 crop farms have greater than a 50 percent probability of decreasing real net worth. The discussion provides an overall evaluation by commodity considering both liquidity and equity measures.
We will update the video in the near future.
NEW WEBINARS:
Bobby Coats, Professor, University of Arkansas Division of Agriculture; Tony Franco - Chief, Farm Programs Division, Arkansas State FSA Office and Anita Wilson - Agricultural Program Specialists, Farm Programs Division, Arkansas State FSA Office continue their series of Farm Bill webinars.
Individuals wishing to participate in the webinars must register for each session separately. The webinars are conducted through a software program called Zoom. Upon registration, users will receive an email confirmation with the link to join the webinar and the system requirements for Zoom.
• March 17, 2015
2014 Farm Bill Question and Answer Session and Comparing PLC and ARC-CO Options, with Tony Franco, Arkansas FSA - Chief of Farm Programs; Anita Wilson Arkansas FSA - Agricultural Program Specialist; and Bobby Coats, Professor – University of Arkansas Division of Agriculture, Department of Agricultural Economics and Agribusiness.
Registration link for March 17: https://uaex.zoom.us/webinar/register/1dd0c7581797a8e7dc2040ba88984b7b
• March 19, 2015
U.S. and Global Rice Outlook with Nathan Childs, Agricultural Economist, USDA Economic Research Service.
Registration link for March 19: https://uaex.zoom.us/webinar/register/01b9f7ff2362cdf47c24e00bf0acd2b8
• March 24, 2015
The U.S. and Global Rice Market Baseline: Prospects and Challenges, Eric Wailes, L.C. Carter Endowed Chair in Agricultural Economics and Distinguished Professor of Agricultural Economics, University of Arkansas Division of Agriculture, Department of Agricultural Economic and Agribusiness.
Registration link for March 24: https://uaex.zoom.us/webinar/register/014cc386ea439c5fc5b9141539e44ee6
• March 26, 2015
2014 Farm Bill Question and Answer Session and Comparing PLC and ARC-CO Options with Tony Franco, Arkansas FSA - Chief of Farm Programs; Anita Wilson Arkansas FSA - Agricultural Program Specialist; and Bobby Coats, Professor – University of Arkansas Division of Agriculture, Department of Agricultural Economics and Agribusiness.
Registration link for March 26: https://uaex.zoom.us/webinar/register/1fee84eed18552b57510d14dfea9e911
• April 1, 2015
Results and Review of the 2015 March Planting Intentions and Stocks Reports, Eugene Young, Deputy Director, USDA-NASS, Delta Regional Office
Registration link for April 1: https://uaex.zoom.us/webinar/register/26db47dc4e93e018c5b9141539e44ee6
3 Key Farm Bill Outlook and Decision Aid Webinars
• Decision Aid Training
2014 Farm Bill Decision Aid Training with Professor James Richardson, Agricultural and Food Policy Center (AFPC) - Texas A&M University
Webinar Video and Power Point PDF
• The Crop Market Outlook & Farm Bill Choices
Professor Pat Westoff, Director of the Food and Agricultural Policy Research Institute (FAPRI) at the University of Missouri-Columbia
Presentation Video and Power Point PDF
• Peanut: 2014 Farm Bill and Outlook Webinar
Dr. Nathan Smith, Department of Agricultural and Applied Economics, University of Georgia
Presentation Video and Power Point PDF
Additional Farm Bill Webinars Available for Viewing
• ARC/PLC Overview with Anita Wilson Arkansas FSA, Agricultural Program Specialist
Webinar Video and Power Point PDF
• ARC/PLC Yield Updates with Anita Wilson Arkansas FSA, Agricultural Program Specialist
Webinar Video and Power Point PDF
• ARC/PLC Base Reallocations with Anita Wilson Arkansas FSA, Agricultural Program Specialist
ARC/PCL Presentation Webinar Video and Power Point PDF
• Web-Based Decision Aid with Professor Brad Watkins University of Arkansas Division of Agriculture
Farm Bill Decision Aid Webinar Video and Power Point PDF
• Price Loss Coverage (PLC) with Anita Wilson Arkansas FSA, Agricultural Program Specialist
Webinar Video and Power Point PDF
• ARC - County Level with Anita Wilson Arkansas FSA, Agricultural Program Specialist
Webinar Video and Power Point PDF
• ARC - Individual Level with Anita Wilson Arkansas FSA, Agricultural Program Specialist
Webinar Video and Power Point PDF
• 2014 Farm Bill Decision Aid Training with Professor James Richardson, Agricultural and Food Policy Center (AFPC) - Texas A&M University
Webinar Video and Power Point PDF
• The Crop Market Outlook & Farm Bill Choices
Professor Pat Westoff, Director of the Food and Agricultural Policy Research Institute (FAPRI) at the University of Missouri-Columbia
Presentation Video and Power Point PDF
• Noninsured Crop Disaster Assistance Program (NAP) with Tony Franco, FSA Arkansas Chief of Farm Programs
Presentation Video and Power Point PDF
The online tools, available at http://www.fsa.usda.gov/arc-plc and http://www.uaex.edu/farmbill, allow producers to explore projections on how ARC or PLC coverage will affect their operation under possible future scenarios.
